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TFC Commodity Trading Forum

Re: To better the Country, Let them go BANKRUPT!

Didn't Chrysler and GM (NOT Ford) go bankrupt?

Except, in this case, secured creditors and bondholders got stiffed.

And, who owns majority interest in Chrysler?

Oh, and the anticipated 1.5 to 3 billion dollar loss that taxpayers are expected to take on Chrysler (although that pales in comparison to 12 billion dollars of stimulus money grants to Brazillian companies).

What did Ford do wrong?

And, you CLAIM to run an investment banking firm?

Yeah, and I'm the rightful heir to the throne of the British Isles.